About Lightstorm
Lightstorm is a company based in Singapore (Singapore) founded in 2019 by Ranjan Banerjee and Amajit Gupta.. Lightstorm has raised $300 million across 2 funding rounds from investors including I Squared Capital and NIIF IFL. The company has 152 employees as of April 06, 2024. Lightstorm offers products and services including Polarin and Smartnet. Lightstorm operates in a competitive market with competitors including Aviatrix, Arista, Mojo Networks, Mist Systems and Prosimo, among others.
- Headquarter Singapore, Singapore
- Employees 152 as on 06 Apr, 2024
- Founders Ranjan Banerjee, Amajit Gupta
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Sectors
TechnologyTelecommunications
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Lightstorm Telecom Connectivity Pvt Ltd
- Jurisdiction Delhi, Delhi, India
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Annual Revenue
$12.67 M (USD)312.69as on Mar 31, 2023
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Net Profit
$-9.96 M (USD)18.19as on Mar 31, 2023
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EBITDA
$-1.34 M (USD)81.94as on Mar 31, 2023
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Total Equity Funding
$300 M (USD)
in 2 rounds
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Latest Funding Round
$80.59 M (USD), Debt – Conventional
Feb 18, 2025
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Investors
I Squared Capital
& 1 more
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Employee Count
152
as on Apr 06, 2024
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Products & Services of Lightstorm
Lightstorm offers a comprehensive portfolio of products and services, including Polarin and Smartnet. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Automates network interconnections for cloud providers and enterprises.
Offers scalable fiber infrastructure for hyperscalers and large businesses.
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Funding Insights of Lightstorm
Lightstorm has successfully raised a total of $300M across 2 strategic funding rounds. The most recent funding activity was a Debt – Conventional round of $80.59 million completed in February 2025. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $80.6M
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First Round
First Round
(28 Jun 2019)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Debt – Conventional - Lightstorm | Valuation |
investors |
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| Jun, 2019 | Amount | Series D - Lightstorm | Valuation | I Squared Capital |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Lightstorm
Lightstorm has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include I Squared Capital and NIIF IFL. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Finances operating infrastructure projects through debt funding.
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Founded Year | Domain | Location | |
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Investments are focused on infrastructure sectors like energy and transport.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Lightstorm
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Lightstorm
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Lightstorm Comparisons
Competitors of Lightstorm
Lightstorm operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Aviatrix, Arista, Mojo Networks, Mist Systems and Prosimo, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Hybrid cloud integration software is developed for enterprise connectivity.
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| domain | founded_year | HQ Location |
Cloud networking solutions are delivered via AI and SaaS platforms.
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| domain | founded_year | HQ Location |
Cloud-managed WiFi solutions are delivered to enterprises for secure access.
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| domain | founded_year | HQ Location |
Cloud-based analytics are provided for intelligent wireless networks.
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| domain | founded_year | HQ Location |
Autonomous multi-cloud networking solutions are provided for distributed enterprises.
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| domain | founded_year | HQ Location |
Cloud networking solutions and network unification are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Lightstorm
Frequently Asked Questions about Lightstorm
When was Lightstorm founded?
Lightstorm was founded in 2019.
Where is Lightstorm located?
Lightstorm is headquartered in Singapore, Singapore.
Who is the current CEO of Lightstorm?
Amajit Gupta is the current CEO of Lightstorm. They have also founded this company.
Is Lightstorm a funded company?
Lightstorm is a funded company, having raised a total of $300M across 2 funding rounds to date. The company's 1st funding round was a Series D of $300M, raised on Jun 28, 2019.
How many employees does Lightstorm have?
As of Apr 06, 2024, the latest employee count at Lightstorm is 152.
What is the annual revenue of Lightstorm?
Annual revenue of Lightstorm is $12.67M as on Mar 31, 2023.
What does Lightstorm do?
Lightstorm was founded in 2019 in Singapore and operates within the telecommunications sector. Network infrastructure is managed to provide connectivity and associated services, including network-as-a-service platforms that automate interconnections. Fiber-based solutions are offered to support business service delivery and enhance operational efficiency. Operations are focused on streamlining network performance for clients in the region.
Who are the top competitors of Lightstorm?
Lightstorm's top competitors include Arista, Aviatrix and InterCloud.
What products or services does Lightstorm offer?
Lightstorm offers Polarin and Smartnet.
Who are Lightstorm's investors?
Lightstorm has 2 investors. Key investors include I Squared Capital, and NIIF IFL.
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